BAJAJ ALLIANZ LIFE INSURANCE ... - Thomas Cook India
BAJAJ ALLIANZ LIFE INSURANCE ... - Thomas Cook India
BAJAJ ALLIANZ LIFE INSURANCE ... - Thomas Cook India
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<strong>BAJAJ</strong> <strong>ALLIANZ</strong> <strong>LIFE</strong> <strong>INSURANCE</strong> COLLABORATES WITH<br />
THOMAS COOK INDIA<br />
� Tie up to offer Life Insurance solutions across over 160 <strong>Thomas</strong> <strong>Cook</strong> offices<br />
Mumbai, 12th June 2008: <strong>Thomas</strong> <strong>Cook</strong>, <strong>India</strong>’s largest integrated travel and travel<br />
related financial services company will now offer life insurance solutions of Bajaj<br />
Allianz Life Insurance, one of the leading private sector life insurance companies in<br />
<strong>India</strong> through its distribution network of over 160 retail branches across the country.<br />
Speaking on this occasion Kamesh Goyal, Country Manager Allianz and CEO Bajaj<br />
Allianz Life Insurance said “Our partnership will help us offer life insurance<br />
solutions through direct contact points at <strong>Thomas</strong> <strong>Cook</strong> retail offices, e-business site<br />
and other locations”.<br />
Madhavan Menon , Managing Director, <strong>Thomas</strong> <strong>Cook</strong> (<strong>India</strong>) Limited added to this<br />
and said, “This partnership will help us to leverage the quality of service we offer to<br />
our customers. Providing life insurance products to our customers across our 160<br />
offices is a step forward in making <strong>Thomas</strong> <strong>Cook</strong> <strong>India</strong> a one-stop-shop for all your<br />
travel needs.”<br />
About Bajaj Allianz Life Insurance:<br />
Bajaj Allianz Life Insurance Company is the leading Private Sector life insurance<br />
Company in <strong>India</strong>. With a pan <strong>India</strong> presence and over 950 + towns, Bajaj Allianz<br />
Life Insurance has already sold over 5 million policies. Bajaj Allianz Life Insurance
has developed insurance solutions that cater to every segment and age-income<br />
profiles. For companies it provides comprehensive 'Employee Benefit Solutions'<br />
(Group Term Life, EDLI, Gratuity, Super-annuation, Key man Insurance and more);<br />
for the individual Invest Gain (a unique life insurance plan where sustenance of<br />
income is combined in the same plan that also pays a lump sum), Cash Gain<br />
(Money Back), Child Gain (Children's plan), Care First, Risk Care (Pure Term),<br />
Lifetime Care (whole life), Term Care (term with return of premium), Saran Visitant<br />
(Retirement Plan), Protector (Mortgage term insurance plan), UnitGain Plus Gold,<br />
New UnitGain Super, New Family Gain, New UnitGain Plus, New UnitGain, New<br />
UnitGain Premier, New UnitGain Easy Pension Plus, New UnitGain Easy Pension<br />
Plus Single premium and Future Secure. Currently Bajaj Allianz has a product<br />
portfolio of over 30 flexible and simple products and more need-based products are<br />
in the pipeline<br />
About <strong>Thomas</strong> <strong>Cook</strong> (<strong>India</strong>) Limited:<br />
<strong>Thomas</strong> <strong>Cook</strong> (<strong>India</strong>) offers a broad spectrum of travel and related services such as<br />
package tours, currency exchange and travel insurance as well as hotel and flight<br />
reservations. <strong>Thomas</strong> <strong>Cook</strong> has been present in <strong>India</strong> for over 125 years and operates<br />
over 160 offices at various locations in the country and has operations in Sri Lanka &<br />
Mauritius. It employs over 2,500 employees and generated Income from Operations<br />
of Rs 2.86 billion and a Net Profit of Rs. 519.2 million for 12 months period (Jan 07 –<br />
Dec 07). In its initiative to be a ‘One Stop Shop’, the Company offers unique travel<br />
products to its customers. During CY07, the Company launched a ‘<strong>Thomas</strong> <strong>Cook</strong><br />
Titanium Credit Card’ and a foreign currency Debit Card. It also came up with<br />
products designed specially for students traveling abroad for higher studies. The
Company was acquired by <strong>Thomas</strong> <strong>Cook</strong> Group PLC from Dubai Financial Group<br />
in March 2008. Additional information on <strong>Thomas</strong> <strong>Cook</strong> (I) Limited is available on<br />
the Company website www.thomascook.in<br />
For more information please contact:<br />
Kruti Sharma<br />
kruti.sharma@in.thomascook.com<br />
+91-22-22048556 / 7 / 8